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Dec 10, 2012
12/12
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CNBC
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the question now, is ron johnson's new strategy too little too late? let's welcome jpmorgan's senior retail analyst. matthew, great to see you. >> thank you. >> is this a switch in strategy or is this just desperation to get rid of inventory that's built up? >> i think it's a little bit of both, so, you know, i think that the moves that we've seen, you know, five pricing changes over the last 60 days, i think is more a result of sales trends that are clearly below as well as building inventory. but i think there's flexibility on johnson's part, heading into next year. i think the customers clearly voted that without sales, jcpenney is not their top destination. and so i think as you head into next year, jcpenney potentially is considering more of a hybrid model of sales, maybe more on basics, but trying to keep full price in some of their more contemporary and fast fashion brands. >> hey, matt, brian kelly. the whole jcpenney story is on the fact that some day, ron johnson will be able to have every store out there, the way he wants it to look. if, for
the question now, is ron johnson's new strategy too little too late? let's welcome jpmorgan's senior retail analyst. matthew, great to see you. >> thank you. >> is this a switch in strategy or is this just desperation to get rid of inventory that's built up? >> i think it's a little bit of both, so, you know, i think that the moves that we've seen, you know, five pricing changes over the last 60 days, i think is more a result of sales trends that are clearly below as well as...
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Dec 4, 2012
12/12
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. >> let me play what senator ron johnson said on cnn just this morning regarding the president and what he says the president is not understanding here. let's play it. >> this president just simply doesn't understand that, and so as a result he punishes success. we put at risk the economic growth that we really need to create the jobs, to create the revenue we need. >> you hear some republicans, a senator saying that the president does not somehow get economic growth. a lot of them focusing in on stimulus money the white house wants as a part of this deal. what is your response? you've got polls that indicated the exit polling right after the election that most americans were in support of people who make over $250,000 paying a higher tax. they have confidence in this economy, perhaps the reason that your party saw success in the election. what do you make of this notion that, again, some republicans say the president doesn't get small business or economic growth somehow? >> well, i think the american people roundly rejected that. they think the president gets it. that's why they voted
. >> let me play what senator ron johnson said on cnn just this morning regarding the president and what he says the president is not understanding here. let's play it. >> this president just simply doesn't understand that, and so as a result he punishes success. we put at risk the economic growth that we really need to create the jobs, to create the revenue we need. >> you hear some republicans, a senator saying that the president does not somehow get economic growth. a lot...
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Dec 30, 2012
12/12
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joining us for a closer look at the fiscal cliff negotiations, ron johnson, a member of the appropriations and budget committees in the senate. thank you for taking a break from a busy time to visit with us. >> thank you. >> i want to get a response from the comments to the president. he said that g.o.p. can't take yes for an answer. is there an offer that would have been acceptable to the house or the senate g.o.p.? >> not that i am aware. people throw the numbers around, like there is a deal, $1 revenue for $3 spending cuts, i have never seen those deals. senator harry reid should have made sure the senate passed a budget, sometime in the past 3 years and that would be reconciled with the house and you would have a framework, you know, a budget resolution that the committee -- the appropriations committee, the house ways & means committee, senate finance committee, they would have the instructions to work on the difficult problems npublic. have a public debate. we are down now to the 59th minute of 11th hour here and have you a couple of elected officials and unelected staffs behind clos
joining us for a closer look at the fiscal cliff negotiations, ron johnson, a member of the appropriations and budget committees in the senate. thank you for taking a break from a busy time to visit with us. >> thank you. >> i want to get a response from the comments to the president. he said that g.o.p. can't take yes for an answer. is there an offer that would have been acceptable to the house or the senate g.o.p.? >> not that i am aware. people throw the numbers around,...
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Dec 14, 2012
12/12
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FBC
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the reality is ron johnson we all know came in. he was a rock star at avalanche he is going to turn this whole thing upside down and reinvent the department store. forget sales and promotions, that is not how you do it. he has never been in a j.cc penney and it is a lot harder than selling apple products. stock has had a huge roll up, it went and got hammered and has been coming back and the law firm there saying they got their act together, jpmorgan, they're bringing back this discount, they're bringing back promotions, they have a friend and family thing. this is what i like. i am a volume die. the volume has been phenomenal. i believe 95% of all news in the market somebody knew the day before it came out or the week before it came out despite the rules. something is going on. there's a 43% short position on the stock. if there is good news, there could be asia huge pop to the upside. unlike tim clark, ron johnson is considered a celebrity ceo and might get the benefit of the doubt. it is i ridge the idea but could be a huge shor
the reality is ron johnson we all know came in. he was a rock star at avalanche he is going to turn this whole thing upside down and reinvent the department store. forget sales and promotions, that is not how you do it. he has never been in a j.cc penney and it is a lot harder than selling apple products. stock has had a huge roll up, it went and got hammered and has been coming back and the law firm there saying they got their act together, jpmorgan, they're bringing back this discount,...
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Dec 4, 2012
12/12
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for example, the need for what they call a pro-growth economy, like senator ron johnson. let me play for you what he had to say. >> this president simply doesn't understand that and as a result he's going to punish success, put at risk the economic growth that we really need to create jobs, revenue that we need. >> this is sort of the talking point that we've been hearing all along. is there any indication around capitol hill that there is some softening on that? >> i don't even know what that means, putting -- basically, i believe that the argument is that only by decreasing taxes can you lead to growth. there is a lot of historical evidence that that is not necessarily the case. i think the issue for the gchop right now is whether the tax cuts expire for everyone or whether for only those with income over $250,000. >> let me bring in jim from the national journal. jim, we had a little technical problem there. let me ask you about what she said said. can anything be decided at all until a decision is made about who is going to have tax cuts expire if it's just going to b
for example, the need for what they call a pro-growth economy, like senator ron johnson. let me play for you what he had to say. >> this president simply doesn't understand that and as a result he's going to punish success, put at risk the economic growth that we really need to create jobs, revenue that we need. >> this is sort of the talking point that we've been hearing all along. is there any indication around capitol hill that there is some softening on that? >> i don't...
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Dec 4, 2012
12/12
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CNNW
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republican senator ron johnson, steve smith, to talk about that carbon monoxide leak that sent dozens of kids off to the hospital. and pat houston, whitney houston's sister-in-law and manager will join us to talk about a new book tuesday, december 4th. "starting point" begins right now. >>> good morning. welcome, everybody. ron brownstein joins us this morning, cnn senior political analyst. editor for national journal. bob shrum, and will cain. zoraida is sticking around with us as well from "early start." our "starting point" really is about the frustration and more finger pointing now about this fiscal cliff. 28 days remain before drastic tax hikes and spending cuts take effect. republicans are offering a plan that calls for $2.2 trillion in deficit savings over the next decade, including $800 billion in tax reforms, $600 billion from medicare reforms and $6 billion in spending cuts. the white house said no go to this. why so fast? >> reporter: very quickly because they want republicans to capitulate on increasing tax rates for wealthier americans. the white house is insistent it wo
republican senator ron johnson, steve smith, to talk about that carbon monoxide leak that sent dozens of kids off to the hospital. and pat houston, whitney houston's sister-in-law and manager will join us to talk about a new book tuesday, december 4th. "starting point" begins right now. >>> good morning. welcome, everybody. ron brownstein joins us this morning, cnn senior political analyst. editor for national journal. bob shrum, and will cain. zoraida is sticking around with...
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Dec 7, 2012
12/12
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guys like mike lee, ted cruz, marco rubio, ron johnson, pat toomey and rand paul. yeah, rand paul, the man who wants to abolish virtually every government agency and restore the gold standard. with jim demint gone, i guess you could look at rand paul as the de facto leader of the tea party senators. establishment republicans, they ought to be nervous. senator lindsey graham looked like he was in a state of shock on the senate floor today. >> i met with jim demint this morning, and i, to say i was stunned is an understatement. he has always been a friend. somebody i could count on. personally, we've really enjoyed our time together. and i just -- i was stunned this morning. >> the tea party has poisoned, i think, the well of the senate and the republican ideology. the gop is so far out of the mainstream right now you can hardly recognize them from ten years ago. a new quinnipiac poll shows americans support raising taxes on the wealthy 65% to 31%. republicans, i think they're in the wilderness. they face a changing demographical situation in this country they don't
guys like mike lee, ted cruz, marco rubio, ron johnson, pat toomey and rand paul. yeah, rand paul, the man who wants to abolish virtually every government agency and restore the gold standard. with jim demint gone, i guess you could look at rand paul as the de facto leader of the tea party senators. establishment republicans, they ought to be nervous. senator lindsey graham looked like he was in a state of shock on the senate floor today. >> i met with jim demint this morning, and i, to...
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Dec 3, 2012
12/12
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ron johnson. jeopardy champion ken jennings is back. "cnn newsroom" with carol costello begins right now. i'll see everybody back here tomorrow morning. carol, good morning. >> hi, soledad. happening now in the newsroom, we are learning more about the nfl player and his girlfriend, victim of a murder/suicide. >>> plus, the twitter firestorm surrounding bob costas's gun control comments following the tragedy. >>> a dream encounter at seaworld turns terrifying for an 8-year-old girl. she says she thought the dolphin she was feeding would bite her hand off and haul her into the water. >>> plus this -- >> i was flabbergasted. i looked at him and said, you can't be serious. i've just never seen anything like it. >> 29 days and counting until the u.s. could plunge off the fiscal cliff. this morning at least one republican is saying it's looking more like that's going to happen. after the plan laid out by the white house. >>> and she helped care for more than 140 children whose parents are behind bars in nepal. now she's got a new title. cnn h
ron johnson. jeopardy champion ken jennings is back. "cnn newsroom" with carol costello begins right now. i'll see everybody back here tomorrow morning. carol, good morning. >> hi, soledad. happening now in the newsroom, we are learning more about the nfl player and his girlfriend, victim of a murder/suicide. >>> plus, the twitter firestorm surrounding bob costas's gun control comments following the tragedy. >>> a dream encounter at seaworld turns terrifying...
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Dec 4, 2012
12/12
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republican ron johnson from the state of wisconsin will discuss the fiscal cliff and the negotiations for that, as well. plus the truth about all those myths that your parents told you. should you run with scissors? no, of course not. can you swim after you eat? no, of course not. the all-time jeopardy champion ken jennings has a new book out where he researchers all these myths and breaks it down. >> it's so funny. >> yes, yes. it's ahead this morning at the top of the hour on "starting point." >> oh, wow. thanks soledad. >> coming up, about catherine duchess of cambridge, right? and her royal bun in the oven and how we now have eight more months of speculation whether it's a boy or a girl, what they're going to make it. we're going to talk to elizabeth cohen when morning sickness is so terrible you go to the hospital. >> and i'm also curious about extreme morning sickness means it could be twins? elizabeth cohen is going to have all the information for us coming up. ronment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look bey
republican ron johnson from the state of wisconsin will discuss the fiscal cliff and the negotiations for that, as well. plus the truth about all those myths that your parents told you. should you run with scissors? no, of course not. can you swim after you eat? no, of course not. the all-time jeopardy champion ken jennings has a new book out where he researchers all these myths and breaks it down. >> it's so funny. >> yes, yes. it's ahead this morning at the top of the hour on...